Remittance inflows to GDP in Finland
Finland: Remittance inflows to GDP was 0.3% in 2020. β Volatile
Remittance inflows to GDP in Finland, 1975β2020
Source: World Development Indicators (WDI), World Bank. Measured in %.
Analysis
In 2020, remittance inflows to gdp in Finland stood at 0.3%.
That represents a change of up 0.7% on the previous year and down 16.6% over ten years.
Over the whole period, remittance inflows to gdp in Finland peaked at 0.4% in 2013 and was at its lowest, 0.0%, in 1990.
That places Finland 154th out of 196 countries with data for 2020, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.1% | 0.1% | 0.2% | 5 |
| 1980s | 0.1% | 0.1% | 0.2% | 10 |
| 1990s | 0.1% | 0.0% | 0.3% | 10 |
| 2000s | 0.3% | 0.3% | 0.4% | 10 |
| 2010s | 0.3% | 0.3% | 0.4% | 10 |
| 2020s | 0.3% | 0.3% | 0.3% | 1 |
Countries ranked near Finland
More financial sector data for Finland
- Domestic credit to private sector by banks 90.9% (2024)
- Total reserves in months of imports 1.65 (2025)
- Net domestic credit 364.43 billion current LCU (2024)
- Net foreign assets 60.74 billion current LCU (2024)
- Monetary Sector credit to private sector 92.0% (2024)
- Claims on central government, etc. 13.0% (2024)
- Domestic credit to private sector 92.0% (2024)
- Official exchange rate 0.885 LCU per US$, period average (2025)
- Net migration 18,246 (2025)
- GDP deflator: linked series 115.59 base year varies by country (2025)
Frequently asked questions
- What is remittance inflows to gdp in Finland?
- Remittance inflows to gdp in Finland was 0.3% in 2020, according to World Development Indicators (WDI), World Bank.
- What is the highest remittance inflows to gdp recorded in Finland?
- The highest recorded value was 0.4% in 2013.
- What is the lowest remittance inflows to gdp recorded in Finland?
- The lowest recorded value was 0.0% in 1990.
- How does Finland rank for remittance inflows to gdp?
- Finland ranks 154th out of 196 countries with data for 2020.
- Is remittance inflows to gdp rising or falling in Finland?
- Over the last ten years it is down 16.6%. The long-run trend across the full record is volatile.
- Where does this Finland data come from?
- The figures come from World Development Indicators (WDI), World Bank, published as part of Remittance inflows to GDP (%). Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 46 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Workers' remittances and compensation of employees comprise current transfers by migrant workers and wages and salaries earned by nonresident workers. Data are the sum of three items defined in the fifth edition of the IMF's Balance of Payments Manual: workers' remittances, compensation of employees, and migrants' transfers. Remittances are classified as current private transfers from migrant workers resident in the host country for more than a year, irrespective of their immigration status, to recipients in their country of origin. Migrants' transfers are defined as the net worth of migrants who are expected to remain in the host country for more than one year that is transferred from one country to another at the time of migration. Compensation of employees is the income of migrants who have lived in the host country for less than a year.